Authors

Leah Barteld

Document Type

Article

Publication Date

2012

Keywords

global markets, international bankruptcy

Abstract

Cross-border bankruptcy continues to be an important topic within bankruptcy regimes worldwide. As more corporations find themselves interacting in a market without the confines of geographic borders, countries need to adapt their regulatory schemes to be able to properly handle an orderly liquidation or reorganization without an adverse impact on the economy. This paper discuses the challenges of a cross-border bankruptcy regime that would be effective and proposes a cooperative solution for increasing coordination among insolvency proceedings. As a result of increasing cooperation among jurisdiction in light of the recent and ongoing financial crisis, reform within the bankruptcy regimes around the world is foreseeable.

Disciplines

Bankruptcy Law | International Law

Recommended Citation

9 Brigham Young University International Law & Management Review (2012).

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